TOLL targets companies with monopolistic or oligopolistic industry structures that have strong competitive advantage and little or no competition. The broad portfolio may include infrastructures such as toll roads, stock exchanges, data, payments, healthcare and patented pharmaceutical companies. The fund selects 15-100 stocks considered highly concentrated by using the Herfindahl-Hirschman Index (HHI), a well-known measure of market concentration that calculates a companys relative size compared to the industry. The fund aims for an attractively valued portfolio through both a top-down approach that narrows down the thematic universe and a bottom-up security analysis focused on valuation multiples and fundamentals. ESG considerations are also integrated with the investment analysis. Securities could be from around the world with up to 25% invested in emerging markets. As an actively managed ETF, the fund manager may make buy, hold or sell decisions at any time at their discretion.

ประเภทสินทรัพย์

Equity

ผู้ออกกองทุน

Tema

ประเทศที่จดทะเบียน

US

วันที่จัดตั้ง

10 พ.ค. 2566

จำนวนหลักทรัพย์

40

ISIN

US87975E1073